The New Year has just rolled around and everyone and their grandmother is keeping fingers crossed that 2015 will actually spell the end to the recovery from recession. As much as experts, buyers, sellers, and pundits might wish that this year marks a time of new found health … [Read more...]

Ever heard of buying a short sale? Ever had someone try to explain the concept to you, only to leave you scratching your head as to what all those big words mean? In today’s post, we’ll be tackling the process of buying a short sale, starting from the short sale definition, … [Read more...]

Anyone who has ever purchased their second home, while also trying to sell the first one, has likely come across the conundrum of bad timing. In other words, if you’re a repeat home buyer, try as you might, you simply can’t coordinate the sale of an old home with the … [Read more...]

Buying a new house can be a source of great anxiety about all kinds of things, and especially about the legal implications of the contract, as well as the rights and options you have as a buyer. Not many home owners can afford a whole legal team to have their backs and sort … [Read more...]

If you’ve at least considered buying a home over the past four or five years, then it’s no longer news to you that the mortgage and refinancing industry are having a rough time at the moment. But just how tough? That’s a different question altogether and one to which there … [Read more...]

As anyone who’s ever gone through the home buying process or the process of refinancing a mortgage, the steps to buying a house aren’t always straightforward and simple. This especially applies to income earners who plan on switching jobs, quitting, or taking temporary … [Read more...]

The fundamental difference between a multi-family property and a single-family residence is the potential to generate income. Investors and business-oriented individuals interested in real-estate have been affected strongly by the changes of today’s lending environment, but … [Read more...]

Earlier this year, it was announced that the CFPB (Consumer Financial Protection Bureau) is working on a new Know Before You Owe mortgage initiative which is expected to come into full effect next summer (in 2015). This new measure is supposed to simplify the process of … [Read more...]

What can you do if the house you want to buy is just a little bit more expensive than the biggest sum you’re allowed to borrow, based on your income and credit history? Don’t worry, there’s a way out of this tight spot, provided you have someone to help you out. Some types … [Read more...]